Spectral AI, Inc. (NASDAQ:MDAIW – Get Free Report)’s stock price was up 3.2% on Tuesday . The stock traded as high as $0.69 and last traded at $0.65. Approximately 8,251 shares traded hands during trading, a decline of 49% from the average daily volume of 16,288 shares. The stock had previously closed at $0.63.
Spectral AI Trading Up 0.8%
The company has a fifty day simple moving average of $0.72 and a two-hundred day simple moving average of $0.56.
About Spectral AI
Spectral AI Acquisition Corp I is a special purpose acquisition company (SPAC) incorporated in Delaware, trading on the NASDAQ under the ticker MDAIW. The entity was formed to raise capital through an initial public offering for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with an emphasis on companies operating in the artificial intelligence and advanced data analytics sectors.
The company’s strategy centers on identifying and completing a business combination with a target that can benefit from its public listing and access to growth capital.
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